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Author Topic: $ATOM is roughly bearish now  (Read 140 times)
Lasky366 (OP)
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July 22, 2020, 04:30:47 AM
 #1



$ATOM Technical analysis & speculation.

ATOM is over, broke the Rising Wedge and heading to downward. Opening a short📉 here.I think it will go even further on downtrend.That's why i am going for short. Let's see how this goes from this position.
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July 22, 2020, 05:09:50 AM
 #2

It broke out on the rising wedge but if you can see in a horizontal part where it broke before, last July 17, if you are basing it, it looks like a pulback from that break out.
The rising wedge is not kinda perfect for me, but still that breakout down below is still significant and can consider as basis to short this altcoin.

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July 22, 2020, 08:42:12 AM
 #3

It will be the third retest on the support and i would say it will have high chance of going down
4 Hour MACD crossed lower and its in the bearish territory

I think ATOM got left out a little bit as the recent moving one are mainly LINK, VET
Even EOS is not performing well, same to TRX
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July 22, 2020, 09:09:12 AM
 #4



$ATOM Technical analysis & speculation.

ATOM is over, broke the Rising Wedge and heading to downward. Opening a short📉 here.I think it will go even further on downtrend.That's why i am going for short. Let's see how this goes from this position.


Yes I have your same point of view but I think that will increase soon his volume and value. Atom is bounching between 0.0045 and 0.0041 since two weeks, soon it will broke the resistence

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Lasky366 (OP)
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July 22, 2020, 01:55:05 PM
 #5



$ATOM Update

ATOM continues moving down, I have +35.91% of profit with x3 leverage. Three targets are reached. Keep this position as it's still looks bearish.Look like $ATOM is over.It's lost the energy. I am not seeing this coin pump anytime soon.
Lasky366 (OP)
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August 07, 2020, 05:40:13 AM
 #6



$ATOM Update

Atom is still inside of the Bearish Flag formation, currently going under the Pivot Point. However before to short we need to receive the confirmed breakout of the Bearish Flag.
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August 07, 2020, 06:22:02 AM
 #7

ATOM was good coin to invest but as i noticed last few weeks it’s dumping & dumping even more.I think it will touch the Bottom trend line then it will try to bounce back.That's why stop loss is important in trading                 
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August 07, 2020, 12:24:06 PM
 #8

the event from Atom is over, there is no big event anymore in August,
I think it's true that from your prediction ATOM is in Bearish mode, but this could be an opportunity to buy in deep.

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